7664 stories by Devin O'Connor
Fitch Ratings Issues Positive Long-Term Outlook for Macau, Predicts Gaming Growth in 2019
Fitch Ratings is bullish on the Macau gaming industry long-term, and has a slightly different opinion than some other analysts on the year ahead for the Chinese enclave. In the credit rating agency's report titled "Fitch Ratings 2019 Outlook: Global Gaming," analysts...
Two Majestic Star Casinos Sold, Buyer Plans to Relocate Indiana Gaming Venues
The two Majestic Star riverboats in Gary, Indiana, have been sold to a newly formed entity that hopes to relocate the casinos elsewhere in the state. Spectacle Entertainment, a company created by former Centaur Gaming executives Rod Ratcliff and John Keeler, is...
Delayed Live! Philadelphia Casino Sets 2020 Opening Date, Developer to Invest $700M
The long-delayed Philadelphia casino project in the city's Stadium District hopes to open in 2020 and bring commercial gambling next door to the homes of the NFL Eagles, MLB Phillies, NBA 76ers, and NHL Flyers. The Cordish Companies, a Maryland-based gaming developer,...
Texas Pastor Denies Gambling Machines Found on Church Property Belong to Congregation
Texas pastor Anthony Scott is firing back at media reports that claim about 100 gambling machines seized by police found at his Word of Life Church belong to the Houston congregation. Firefighters were called to the Word of Life Church last week...
Caesars Entertainment Ending Gaming Operations at Tunica Roadhouse Casino
Caesars Entertainment says it's making the difficult but needed decision to end gaming operations at the Tunica Roadhouse Casino in Mississippi. The 31,000-square foot casino has struggled in recent years, as have many gaming properties in the area. The riverboat once housed...
Kentucky AG Calls on Lawmakers to Legalize Casinos, Says Gaming Revenue Can Fix Broken Pension System
Kentucky Attorney General and 2019 gubernatorial candidate Andy Beshear (D) believes the legalization of commercial casinos can help fund the state's pension system. Beshear, whose father Steve served two terms as Kentucky governor between 2007 and 2015 and also wanted to bring...
Wanted Alleged Las Vegas Thief Captured in Utah, Faces 25 Years in Prison
An alleged Las Vegas thief on the run since skipping his court sentencing in August has been captured in Utah living under an alias with a family who had no idea he was a wanted man. Mark Georgantas was arrested in Salina,...
Nevada Casinos Win Over $1B in October, Gross Gambling Revenue Jumps 7.5 Percent
Nevada casinos won $1,062,796,000 in October, a nearly 7.5 percent year-over-year increase. It marks the fifth month the state's gaming industry has eclipsed the $1 billion mark in 2018, a feat that hasn't been experienced since 2008. The $1.062 billion haul is...
Genting Malaysia Sues Disney, Fox for $1B, Claims Breach of Casino Theme Park Contract
Genting Malaysia is suing Walt Disney Co. and Fox Entertainment for $1 billion after the two entities allegedly abandoned a theme park at the casino company's Resorts World Genting complex. In a lawsuit filed with the Central California District Court, Genting attorneys...
Eldorado Resorts Reaches 20-Year Deal With The Stars Group for Online Sports Betting, Gambling
Reno-based Eldorado Resorts and Canada's The Stars Group (TSG) have entered into a 20-year partnership for the latter to provide the casino company with online sports betting and internet gambling. The Stars Group, most known for its ownership of PokerStars, the largest...
